$TAODespite I am bullish on this one, I don't think we see 5 digits till 2025.
200$ to 100$ is area of accumulation.
TAOUSDT
$TAO Bittensor price action in Broadening Wedge... High or Low?FWB:TAO Bittensor has been on a relentless upwards tear!
Current price: $170
Price action keeps broadening in Wedge!
If FWB:TAO rejects angled resistance of wedge then buy the dips support areas are: 156, 136, 118
Else Bittensor continues upwards and breaks out of Wedge for 176, 197, 219 Resistances!
TAO BITTENSORI believe it's highly overbought, and i'm selling for that reason. This has worked before, and will most likely work again. Not financial advice! But it's happened last time, and the time before that. and it tends to be very accurate on larger time frames.
TAOUSDT Bullish leg to $100.TAOUSDT is rising after a Bull Flag pattern formed in the middle of its 2 month Channel Up.
A similar Bull Flag was formed in May 16th-24th and started a +62% rebound.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 100.00 (+62% projection).
Tips:
1. The RSI (1d) is rebounding on its MA line, same as on May 24th which was the Bull Flag's bottom.
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TAOUSDT Buy upon a pull back or a break out.TAOUSDT is on a mini parabolic rally that is headed to Resistance (1) at 75.00.
The break out is a buy entry but can very well give a short term pull back first like in late May.
Trading Plan:
1. Buy if Resistance (1) breaks.
2. Buy any pull back to 60.00 as long as the MA50 (1d) doesn't break.
Targets:
1. 94.00 (Resistance 2 and top of Channel Up).
2. 75.00 (Resistance 1).
Tips:
1. The RSI (1d) is 5 days after the formation of a bullish cross. An additional buy signal.
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TAO Just watch the pump an dump from run up to drop to 76 and to my zone finally hitting its range see it it finishes to the wedge
